MGT301 GDB Solution Spring 2022 mgt301 gdb solution 2022  DOWNLOAD  PDF   MGT301 GDB 1 solution Spring 2022  DOWNLOAD MGT301 GDB 1 Solution Spring 2022 l MGT301 GDB Solution 2022

solution  01 =


 1, . Economics crisis 

 We know that Pakistan are considered as Undevelopment country Our economic crisis is the cause of Low production It's also affect purchasing power

2.Devaluation  of  currency

The  dollar is  considered  as  the  international  currency  so  international  level  trade  follow  the   dollar  rate this  is  the  big  reason  rising  the cars  cost   if  the  strength  of  the  dollar  increases  the  automaker Have  to  pay  the  amount  on  the  current  dollar  rate   all  of  these  increasing   the  cost  of  the  product  auto  manufactures  hike  the  prices  to  meek  up  their  expenses


3: GOVERNMENT  TAXES

Automobile industry said that they have to pay High amount of taxes to the government  In Pakistan 2022 care sales in decline  Because of the hike in car prices -Automaker already pay on the import of auto parts

SOLUTION  02=

MGT301 GDB Solution Spring 2022 mgt301 gdb solution 2022  DOWNLOAD  PDF   MGT301 GDB 1 solution Spring 2022  DOWNLOAD MGT301 GDB 1 Solution Spring 2022 l MGT301 GDB Solution 2022

Due to the current economic situation, many industries in Pakistan have been badly affected. One of these is the automobile industry. As
compared to last year, automobile prices have increased by around 50%, Currently, some automobile manufacturers are shutting down
their production, and are not accepting any further bookings.

Point of discussion:

In your opinion, are economic factors affecting the price hike in the automobile industry? Support your position with at least three logical
arguments. (6 Marks).
Yes, the economic factors affecting the price hike in the automobile industry:
Logical arguments:
Taxes Imposed by the government:
Automobile industry said that they have to pay high amount of taxes to the government. In 2022 cars sale in Pakistan decline. Just be-
cause of the hike in car prices. Automakers already pay a tax on the import of auto parts.

Economics Crisis:

When the economy is falling its affect on the level of production. Pakistan is considered as underdevelopment countries. Our economic  crisis is the cause of low production. The economic crisis also affects purchasing power.

Devaluation of Currency:

Devaluation of currency is the largest reason for the jack up amount of cars in Pakistan. The dollar is considered as an international currency. At the international level traders follow the dollar rate. This is a big reason for rising cars cost. If the strength of the dollar increase then automakers have to pay the amount on the current dollar rate. they have to pay the FED and other taxes
to the tax department. All of these are increasing the cost of the product. Auto manufacturers hike the prices to meet up their  expenses